Vehicle Sales
Timetable for more affordable Tesla slips further
Musk no longer dangling the possibility of a 2024 rollout of his firm’s new offering
Corporate Strategy
Devil in the detail for new Bolt
GM’s decision to unretire its best-selling Chevrolet EV is unsurprising. But fears over a possible Frankenstein's monster remain
2 min read
Mary Barra, CEO of US automaker GM, has confirmed one of the most anticipated U-turns in the relatively short history of mass-market EVs after announcing that Chevrolet will introduce a next-generation version of its best-selling Bolt hatchback.
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Chinese OEMs
BYD signs Turkey plant deal
The Chinese firm to invest $1bn in the Europe-adjacent country
Volkswagen
VW invests $5bn in Rivian JV
OEMs will develop joint EV platform architecture while Rivian gets much-needed boost to its coffers
BMW
BMW receives commercial L3 autonomy approval
German OEM becomes first automaker to offer L2 and L3 systems in one vehicle
Corporate Strategy
Third party revenue share dampens Tesla robotaxi value outlook
App makers will eat into potential robotaxi revenue, says RBC analyst Tom Narayan